2212 E 15th St, Long Beach, CA 90804
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2212 E 15th St, Long Beach, CA 90804
2212 E 15th St, Long Beach, CA 90804
2212 E 15th St, Long Beach, CA 90804
2212 E 15th St, Long Beach, CA 90804
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Sharon Baluku

Sharon Baluku

+1(323) 381-0266
$ 1,775,000
Est. payment /mo
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Active

2212 E 15th St Long Beach, CA 90804

16 Beds

8 Baths

5,254 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,254 sqft

Price per Sqft $337

MLS Listing ID 26104748

Bedrooms 16

Year Built 1960

Lot Size 6,518 Sqft

Acres 0.1496

Property Sub-Type Multi-Family

Property Description

2212 E 15th St | 8-Unit Multifamily Investment, Long Beach. This 1960-built asset totals 5,256 SF on an 8,409 SF lot in Eastside Long Beach, between the Cherry Avenue corridor and Zaferia. It sits a few blocks north of Anaheim Street's restaurants and coffee shops and just south of Pacific Coast Highway retail and bus lines. The property features (8) 2BR/1BA units averaging 657 SF across a front and back building, with eight on-site parking spaces at a 1:1 ratio. Six of eight units are occupied at an average rent of $1,962, four of them already at the $1,995 market rent, and Units 1 and 2 are delivered vacant. Offered at $1,775,000 ($221,875/unit | $337.71/SF) with a 7.13% cap rate on scheduled rents and a 9.39 GRM, the real story is yield a 7%+ cap at a sub-$225K basis, with two units the buyer can lease or renovate on their own terms from close.

Location

State CA

County Los Angeles

Area Eastside, Circle Area

Zoning LBR2N

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Above Street Level

Garage Spaces 8.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.
Sharon Baluku
Sharon Baluku

Agent License ID: 02203810

+1(323) 381-0266 | sharon@omwoyo.com

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2212 E 15th St